The Grumpy Economist

John Cochrane's blog

Sunday, February 4, 2024

Understanding Trumpers

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  WSJ oped and substack post .
Thursday, February 1, 2024

Change, demographic and intellectual

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 New post over at grumpy-economist.com substack
Sunday, January 7, 2024

Aftermath

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 Aftermath. Reflections on the Claudine Gay affair. Over at Substack.  
2 comments:
Thursday, January 4, 2024

Fiscal Narratives for US Inflation

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An essay on substack ; interpreting US inflation history via fiscal theory, prepared as comments for a session at the AEA meetings. 
1 comment:
Sunday, December 31, 2023

Writing lesson, comment on Tom Friedman

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 Don't piss people off unless you have to. Over at Substack. 
4 comments:
Friday, December 29, 2023

Argue Honestly in the Claudine Gay Affair

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 Post over at Substack . Firing Gay over plagiarism will not fix Harvard.  
8 comments:
Thursday, December 28, 2023

Conti on the future of universities

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 A new post over at Substack, a nice essay by Greg Conti on the future of universities. 
5 comments:
Wednesday, December 27, 2023

A Kind Word for the Fed

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 This is my first post over at Substack. Follow me here  and let me know if it isn't working.  The post is in praise of interest on rese...
6 comments:
Wednesday, December 20, 2023

Politics by Law

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Colorado's Supreme Court kicks Trump off the ballot (WSJ). I wrote earlier forecasting constitutional crisis with  next election. Lega...
67 comments:
Sunday, December 17, 2023

Bond risk premiums -- certainty found and lost again

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This is a second post from a set of comments I gave at the NBER Asset Pricing conference in early November at Stanford.   Conference agenda ...
16 comments:
Friday, December 15, 2023

Time for a new (?) theory of regulation

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What's the basic story of economic regulation?  Econ 101 courses repeat the  benevolent dictator theory of regulation: There is a "...
22 comments:
Wednesday, December 13, 2023

A Vision for the University of Pennsylvania

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A group of faculty at Penn have written A Vision for a New Future of the University of Pennsylvania  at  https://pennforward.com/ .  They en...
23 comments:
Friday, December 8, 2023

Sociology Meetings

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When Jukka Savolainen wrote about it in the Wall Street Journal  I couldn't quite believe it, so I had to go look. Indeed, on the websit...
7 comments:

New-Keynesian models, a puzzle of scientific sociology

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This post is from a set of comments I gave at the NBER Asset Pricing conference in early November at Stanford.   Conference agenda here . M...
8 comments:
Wednesday, December 6, 2023

The Income Tax Paradox

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The Supreme Court is hearing a case with profound implications for the income tax. WSJ editorial here  and good commentary from Ilya Shapiro...
44 comments:
Monday, December 4, 2023

FTPL news: discount and Economist list

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  Just in time for the holidays, the perfect stocking stuffer -- if you have really big stockings. 30% discount on Fiscal Theory of the Pric...
2 comments:
Friday, November 24, 2023

Pro Dollarization

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With President Milei's election in Argentina, dollarization is suddenly on the table. I'm for it. Here's why. 
24 comments:
Tuesday, November 21, 2023

Sunstein redefines "Liberal"

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Cass Sunstein has a lovely  New York Times essay  that tries to give us back the word "Liberal." I hope it works. 
37 comments:
Thursday, November 16, 2023

FTPL at SEA

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Sunday Nov 19 6-7 PM I will be giving the "Association Lecture" at the Southern Economics Association conference  in New Orleans. ...
1 comment:
Sunday, November 5, 2023

Lukianoff and Schlott on Cancellation

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Last week I was honored to be moderator for a discussion with Greg Lukianoff and Rikki Schlott on their new book " Canceling the Americ...
8 comments:
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About Me and This Blog

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John H. Cochrane
This is a blog of news, views, and commentary, from a humorous free-market point of view. After one too many rants at the dinner table, my kids called me "the grumpy economist," and hence this blog and its title. In real life I'm a Senior Fellow of the Hoover Institution at Stanford. I was formerly a professor at the University of Chicago Booth School of Business. I'm also an adjunct scholar of the Cato Institute. I'm not really grumpy by the way! Any opinions I express are mine alone and do not represent the position of the Hoover Institution or Stanford University.
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